---
schema_version: "secwatch.filing_event.v1"
accession: "0001650132-24-000040"
form_type: "8-K"
ticker: "FCPT"
cik: "0001650132"
company_name: "Four Corners Property Trust, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:24:56.323725+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FCPT Q4 rental revenue up 15% to $57.6M; FFO $0.41, AFFO $0.43 per share

## Summary
- Rental revenue $57.6M (+15% YoY); net income $24.4M ($0.27 diluted) vs $22.9M a year ago.
- NAREIT FFO per share $0.41 (up $0.01 YoY); AFFO per share $0.43 (up $0.02 YoY).
- Acquired 6 properties for $12.8M at 7.4% initial cash yield; sold 1 property for $3.8M.
- Portfolio 99.8% occupied, 7.8-year avg lease term; net debt/EBITDAre leverage 5.5x.
- Q4 dividend $0.345/share; raised $25.2M via ATM at avg $25.34/share.

## SEC filing metadata
- accession: 0001650132-24-000040
- form_type: 8-K
- ticker: FCPT
- cik: 0001650132
- company_name: Four Corners Property Trust, Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000040/0001650132-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000040/fcpt-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650132-24-000040
- JSON: https://secwatch.observer/filing/0001650132-24-000040.json
- Plain text: https://secwatch.observer/filing/0001650132-24-000040.txt

## Key facts
- Earnings Releases
  Four Corners Property Trust, Inc. reported the quarter and twelve months ended December 31, 2023 results: revenue $57.6 million, net income $24.4 million, EPS $0.27 per diluted share.
  - Period: the quarter and twelve months ended December 31, 2023
  - Revenue: $57.6 million
  - Net income: $24.4 million
  - EPS: $0.27 per diluted share
  - Result: reported results
  source text: 31, 2023. Financial Results Rental Revenue and Net Income Attributable to Common Shareholders • Rental revenue for the fourth quarter increased 15.0% over the prior year to $57.6 million. Rental revenue consisted of $57.0 million in cash rents and $0.6 million of straight-line and other non-cash rent adjustments. • Net income attributable to common shareholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000040/0001650132-24-000040-index.htm
- Earnings Releases
  Four Corners Property Trust, Inc. reported the twelve months ended December 31, 2023 results: net income $95.3 million, EPS $1.07 per diluted share.
  - Period: the twelve months ended December 31, 2023
  - Net income: $95.3 million
  - EPS: $1.07 per diluted share
  - Result: reported results
  source text: Net income attributable to common shareholders was $95.3 million for the twelve months ended December 31, 2023, or $1.07 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000040/0001650132-24-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.